Saving for a down payment

These days it is not unusual for lenders to require a down payment of as 20 percent on the purchase price of a home. This makes a lot of sense from the lender’s point of view for several reasons. First, buyers who can save that 20 percent show they handle their finances well. Second, with […]

Commercial real estate market remains positive

Nationally the commercial market continues to recover, according to Lawrence Yun, the National Association of REALTORS® Chief Economist.  Yun predicts an improving commercial market, with the multi-family sector leading the way based on what he expects will be an expanding GDP, an easing in commercial lending and continued job growth. The Charlottesville Market Hock Hockensmith, […]

What’s Happening at the Jefferson School?

The Women’s Initiative Offers “Challenge into Change” Writing Contest, Workshops The Women’s Initiative is offering two workshops to support writers entering its “Challenge into Change” writing contest. Today, from noon to 1pm, the Women’s Initiative will host a brainstorming session at its main office, located at 1101 East High Street. The second workshop will focus […]

Charlottesville takes aim at unemployment with new job center

Charlottesville’s fight against unemployment has a new crusader in town. Seated in the city’s new Downtown Job Center, Cory Demchak can be found busily at work in his underground lair in the basement of the public library on Market Street. Demchak mans the just-opened one-stop shop for residents looking for a new job, a better […]

What’s coming up in Charlottesville-Albemarle the week of August 25?

Each week, the news team takes a look at upcoming meetings and events in Charlottesville and Albemarle we think you should know about. Consider it a look into our datebook, and be sure to share newsworthy happenings in the comments section. The Charlottesville Redevelopment and Housing Authority meets at 7pm Monday, August 25 in Council […]